The value which is obtained by multiplying possible values of a random variable with a probability of occurrence and is equal to the weighted average is called ______ (a) Discrete value (b) Weighted value (c) Expected value (d) Cumulative value

The value which is obtained by multiplying possible values of a random

1.	The value which is obtained by multiplying possible values of a random variable with a probability of occurrence and is equal to the weighted average is called ______ (a) Discrete value (b) Weighted value (c) Expected value (d) Cumulative value
Answer» (c) Expected value